Ratan Naval Tata

Ratan Naval Tata

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87 year
Commercial Services
Finance
Consumer Services

Profile

Ratan Tata is at the head of Tata Group, a conglomerate of hundreds of subsidiaries among these Tata steel, the fourth largest steel company in the world, Tata Motors and Tata Telecom.

He graduated from Cornell University in New York; Ratan declined a proposal from IBM to join the Tata group. He began his career in steel branch of the group, where he stayed until 1971, where he was appointed Director of National Radio & Electronics Company (NELCO), company of the Tata group. In that period the company had met many difficulties, and then he bet on a new technology. In four years, the market share of Nelco rose to 20% from 2%, but this success will be very short.

In 1975 Indira Gandhi was Prime Minister, recession hit the country, the business suffered and social movements paralyzed Nelco’s production. The crisis will be strong as Nelco is forced to close.

In 1977 Ratan was in charge of the textile factory of the group, but the latter still using old technologies and suffered the competition of new factories. Ratan proposed to start a modernize process but the group didn’t give to him a financial support. In 1985, the factory closed.

In 1986 he was appointed chairman of Tata industries, before becoming in 1991 the CEO of Tata group. He began a restructuring process in order to draw seven areas of activity, in add he invited the old managers to leave the place in benefit to younger people.

In 2000 Tata bought Tetley Tea, English tea maker, this is the start of construction of the Tata empire.

In 2007, Tata acquired for $2.6 billion the anglo-dutch group Corus, specialist in steel and aluminium, and his group became the fourth largest steel producer in the world.

In March 2008, he bought two historic brands in the automobile sector, Land Rover and Jaguar for $2.3 billion, and he became the boss of 16000 UK employees. In late 2008, the automotive industry crisis brings down the manufactures’ profits nearly 30%, for this reason Tata decides to ask to Brown’s government to save Tata motors, and he requires a bill out of one billion dollars.

Tata group, it counts now 98 subsidiaries, 300 000 employees and 3.2% of Indian GFP.

In June 2011, the market capitalization of Tata group reached 4.32 trillion rupees, or $87 billion, and it is the first Indian group.

Former positions of Ratan Naval Tata

CompaniesPositionEnd
Chairman 2012-12-28
Navajbai Ratan Tata Trust
Chairman 2024-10-08
Ohio State University Foundation
Director/Board Member 2024-10-08
Director/Board Member 2024-10-08
International Investment Council
Corporate Officer/Principal 2024-10-08
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75

1st degree connections

60

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Female

Members of the board

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Linked companies

Private companies60

Non-Energy Minerals

Non-Energy Minerals

Consumer Non-Durables

Consumer Durables

Utilities

Finance

Consumer Durables

Communications

Miscellaneous

Consumer Non-Durables

Process Industries

Consumer Services

Process Industries

Technology Services

Consumer Services

Non-Energy Minerals

Communications

Government

Commercial Services

Commercial Services

Distribution Services

Communications

Sir Ratan Tata Trust

Navajbai Ratan Tata Trust

Consumer Services

Consumer Services

Commercial Services

Commercial Services

Commercial Services

Producer Manufacturing

Electronic Technology

Ohio State University Foundation

Commercial Services

Finance

Consumer Durables

Sir Dorabji Tata Trust

Finance

Transportation

Government

Consumer Services

Electronic Technology

Distribution Services

Government

Government

Consumer Services

International Investment Council

Government

Commercial Services

Alcoa Asia Ltd.

Technology Services

Consumer Durables

Technology Services

Finance

Producer Manufacturing

Finance

Non-Energy Minerals

Miscellaneous

Finance

Electronic Technology

Finance

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